2 months on rocket

221 S 5th St, Reading, PA, 19602

$340,000

Home List Price

$4,038*

Closing Credit

5 Bedrooms
3 Full Baths
Townhouse

Location

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221 S 5th St, Reading$340,000

Buyer Closing Credits

$4,038*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingOn Street
Year Built1900
HeatingRadiant
CoolingNone
BasementYes
MLS #PABK2048238
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 221 S 5th St

Unique opportunity to own a mixed-use property where the possibilities of this property are endless! This 2 story with a potential store front property awaits a new owner to turn their vision into reality. The first floor was originally used as a bakery at one point and was being converted into a barber shop. Upstairs has the potential to become possible income producing rooms with plumbing available for separate bathrooms. This property was zoned commercial but due to it being inactive for over a year it is now converted back to residential conforming. Which is why the possibilities are endless! This property even has the potential to have a garage / parking in the back. The seller is INCLUDING all building materials with the sale which includes all flooring, tile, drywall, compound and more. Contact the listing agent with any questions.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1900
  • Stories: 3

Listing Office:

  • Office Name: Keller Williams Realty Devon-Wayne
  • Office Phone: (610) 647-8300
  • Listing Agent: Scott J Lipschutz

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: None

Other

Directions Information:

  • Directions: Head southeast on US-422 E, Exit onto US-422 BUS E/Penn Ave toward Penn St/Reading, Turn right onto S 2nd St, Use the left 2 lanes to turn left onto Franklin St, Turn right onto S 5th St

Municipality:

  • Reading City

Price Information

Listing Price Info

Price Summary:

  • List Price: $340,000

Tax Information:

  • Annual Amount: $2,077
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Reading, PA.

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Reading, PA

City

Med. Sold Price

$249.5K

Med. Price/SqFt

$150

Avg. Days On Market

20

# of Sold Homes

170

221 S 5th St vs Reading

82 DAYS ON ROCKET

+62 Days

$340,000

+$90.4K More

KEY TAKEAWAY

This property is $90.4K more than the Median Sold Price in Reading, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PABK2048238

Listing Office:

  • Office Name: Keller Williams Realty Devon-Wayne
  • Office Phone: (610) 647-8300
  • Listing Agent: Scott J Lipschutz

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 12:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 26, 2020Home Sold
$34,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,077$47,500
2020$2,055$47,500
2019$2,055$47,500
2018$2,056$47,500
2017$2,042$47,500

History based on county public records data.

Payment Calculator

$1,764

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,086

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-977676
2
/10

  • Tyson-Schoener Elementary School

  • 315 S 5th St

  • 0.11 miles

  • Public District Grades PK-4

school-card-donut-977677
4
/10

  • Amanda E. Stout Elementary School

  • 321 S 10th St

  • 0.52 miles

  • Public District Grades PK-4

school-card-donut-977678
4
/10

  • 10th and Penn Elementary School

  • 955 Penn St

  • 0.55 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,953. Typical income of Reading, PA residents is less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 221 S 5th St

What is the listing price of this property?

The listing price of 221 S 5th St property is $340,000.

What type of property is this?

The property 221 S 5th St is a townhouse located in Reading, Pennsylvania, 19602.

Is this property for sale now?

Active Listing: 221 S 5th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,077 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 26, 2020 for $34,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 221 S 5th St has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The sq. ft. of 221 S 5th St is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 221 S 5th St is 1900.

Rocket Homes›Pennsylvania›Berks County›Reading›19602›221 S 5th St

This home is located at 221 S 5th St in Reading, PA and zip code 19602 in the Callowhill Historic District neighborhood. This home, which was built in 1900, sits on a 0.05 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $340,000.

Reading, PA housing market in November 2024 saw over 90 listings sold above listed price, more than 32 sold at listed price and over 48 sold below. The number of homes for sale in Reading, PA decreased by 10.3% between October 2024 and November 2024. In November 2024 median list price was $249,546 and the average listing age was 20 days.

From Rocket Homes Real Estate and based on county public records data.

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